IDS Ukraine, the producer of popular bottled water brands Morshynska and Myrhorodska, has launched a 1.4 MW solar power plant at its Myrhorod Mineral Water Plant, marking a strategic step toward energy independence and sustainability.
According to a press release from the company, the solar power plant began delivering electricity to the enterprise from its first day of operation, generating up to 600 kWh even under cloudy skies.
Strategic Investment in Energy Independence
The solar project is part of IDS Ukraine’s long-term strategy aimed at developing its own electricity generation capacity. In 2024–2025, the company plans to invest €530,000 (excluding VAT) into building its energy infrastructure.
Previously, IDS Ukraine had invested €460,000 in a diesel generator at the same site to ensure operational backup. Currently, the company has 1.6 MW of internal generation capacity across its facilities to guarantee the uninterrupted operation of its production and logistics systems.
The solar plant is expected to reduce electricity costs at the Myrhorod facility by €150,000–200,000 per year, depending on sunlight availability and current energy market prices. The estimated payback period is around three years.
More Expansion Ahead
The company’s total annual energy needs are 28 MW, with 5 MW consumed in Myrhorod and 23 MW at its largest site, the Morshyn Mineral Water Plant "Oscar".
Looking ahead, IDS Ukraine is planning the second phase of its energy transition. In 2026, a new 1.6 MW solar power plant is set to be launched at the Morshyn facility, further reducing reliance on the national grid.
Business Growth and Profitability
IDS Ukraine, the market leader in Ukraine’s bottled water sector, reported a 1.5× increase in profit in 2024, reaching UAH 1.35 billion. The company's investment in renewable energy is expected to enhance cost-efficiency and improve resilience amid ongoing energy market volatility.
